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Drake is back to breaking streaming music records, although this time he’s getting a helping hand. To start, Apple has confirmed that the man from the 6 smashed his own single-day record on its music service, with his album Scorpion resulting in over 170 million streams inside of 24 hours (More Life managed “just” 89.9 […]
The Carters/YouTube Beyoncé and Jay-Z’s new album “Everything is Love” just dropped on Spotify, Apple, and Amazon. “Everything is Love” was a surprise release on Tidal on Saturday. Tidal’s short exclusive window raises questions about Jay-Z’s plans for the company. Beyoncé and Jay-Z’s new album “Everything is Love” is now available to stream on Spotify Premium and Apple Music, […]
YouTube’s latest streaming music initiative may be off to a rough start, but it’s determined to step up its game. The service has confirmed months-long rumors that it hired Spotify’s hip-hop programming head Tuma Basa (pictured at left) to become its urban music director. The music industry veteran will use his “deep knowledge” to help […]
Spotify, under attack from bigger rivals Apple, Google, and Amazon, adds features to its free service. https://media.wired.com/photos/5adf46aa44795c458a66c993/master/pass/SpotifySoderstrom-474102752.jpg
Rumors have been circulating that Spotify is working on some sort of hardware, possibly an in-car controller or a standalone player. As The Verge reports, a number of Reddit users have claimed to have received offers for the device, with plan price points ranging from $ 12.99 to $ 14.99 per month, but when they […]
WHEN Spotify, a music-streaming service, went public on April 3rd, its founder, Daniel Ek, rang no bells on the trading floor of the New York Stock Exchange. Rather than the “pomp and circumstance” of an initial public offering, the Swedish firm, which is widely credited with turning round the fortunes of the music industry, opted […]
Spotify’s IPO made for an exciting day on Wall Street. But the bigger financial windfall may have gone to a company that staged its own high-profile IPO last month: Dropbox. In a press release, Dropbox announced that given the strong showing of its own IPO, the investment banks that underwrote the offering exercised an option […]
The music-streaming service listed its shares Tuesday without the traditional bankers or ceremony. https://media.wired.com/photos/5ac2bfbe8f872e6fc399222b/master/pass/SpotifyIPO.jpg
The streaming company proved it could get the Napster generation to subscribe. But will Spotify’s paywall make it profitable? https://media.wired.com/photos/5ac408f5b9570a67ba033576/master/pass/SpotifySubscription-81065047.jpg
(Reuters) — Streaming music leader Spotify used its cultural cool factor to appeal to mom-and-pop investors in an unconventional presentation ahead of its April 3 stock market listing. Led by 35-year-old Chief Executive Daniel Ek, wearing jeans, white t-shirt and a dark blazer, executives said Spotify would prioritize growth over profits to f…Read More
